Montana Code 17-6-802. Purpose
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17-6-802. Purpose. The purpose of the loans made and the bonds or other securities issued and purchased pursuant to this part are:
Terms Used In Montana Code 17-6-802
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
(1)to increase home ownership and provide more long-term rental opportunity;
(2)to increase housing supply and offer diverse housing types to meet the needs of population growth; and
(3)to create partnerships between the state, local governments, private sector developers, and applicants for residential development to finance necessary infrastructure for housing.